Between 2013 and 2023, the sold production of carpets and other textile floor coverings in Italy experienced significant fluctuations. After a high in 2016, reaching €188.9 million, the industry saw a sharp decline in 2019 and 2020. The market rebounded in 2021, with a remarkable growth of 221.98%, yet it declined again by 43.04% in 2022. The industry value for 2023 stood at €170.47 million, representing an 11.92% year-on-year growth from the previous year.
Looking ahead, the forecast indicates a moderately positive trend with the market expected to grow steadily at a 5-year CAGR of 2.94%. By 2028, the market is projected to reach €205.22 million, reflecting an overall growth rate of 15.58% from 2023.
Trends to watch for:
• Innovation in sustainable materials could drive future growth.
• Market dynamics may be influenced by economic uncertainties and consumer preferences shifting post-pandemic.
• Emerging tech, like smart textiles, could offer new market opportunities.
